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Brother, can you spare a payday loan? - Daytona Beach News-JournalRep. Harold Mitchell spent an afternoon last week passing out a new report on payday lending in South Carolina to his Senate colleagues. Mitchell, a Democrat representing Spartanburg, the corporate headquarters of chief national payday lender Advance ... Read more
Payday lending: The dollars and the debate - The StatePublic records show the payday lending industry spent nearly $300,000 in 2008 in political donations and on lobbyists as the General Assembly sought to regulate the short-term, high-interest loans that have been banned in other states. Payday lenders ... Read more
Payday lenders ante up - The StateCOLUMBIA, S.C.— South Carolina legislators gave overwhelming key approval to a bill aimed at preventing residents from being trapped in a cycle of debt through payday lending. The proposal, approved 93-16 on Wednesday, prevents consumers from ... Read more
SC lawmakers approve payday lending regulation - Boston GlobeTwo weeks ago, Gov. John Lynch announced the creation of a state Economic Stimulus Office. He said he wanted to ensure that New Hampshire gets all the federal stimulus package money it can and that the cash is used to "create jobs." He should have ... Read more
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Payday Loans are apt Small Cash Solution during Urgencies - Best SyndicationCOLUMBIA — The S.C. House gave overwhelming key approval Wednesday to a bill aimed at preventing residents from being trapped in a cycle of debt through payday lending. The proposal, approved 93-16, prevents consumers from taking out more than one ... Read more
Payday lending bill advances - Charleston Post & CourierLoan application was really difficult in earlier days. The person applying for a loan had to produce a number of documents and also the approval period used to be longer. Today, things are much easier especially in UK. Payday loan is a very popular ... Read more
Easy and Convenient Payday Loans and Relax During Cash Needs - Best SyndicationStricter regulation for the payday loan industry hit a roadblock Friday in the House with a partisan stalemate. The House Business and Administration Committee failed to advance the bill on a tied 9-9 vote. The panel, along with the rest of the House ... Read more
Restrictions on payday loans hit roadblock - Independent Record"You're at their mercy," he said. "You sink deeper and deeper into a state of failure, not being able to cover your expenses. I'm trying to never go back to them again." Across town, Victor Cruz had a different take on the lenders as he came out of a ... Read more
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